Kidnap and extortion are very real and growing threats in today's world. While the most vulnerable companies and organizations to kidnapping are those that have employees or group members based or travelling overseas, organizations that have high profiles, handle large amounts of cash, or work with sensitive information are also at risk. Companies need to prepare for these real threats.
Our Kidnap, Ransom and Extortion Insurance not only protects against financial loss and liquidation, but also provides worldwide resources and immediate access to services of leading crisis management and security consultants to manage incidents in conjunction with the policyholder. Our Enhanced Coverage further extends and adds a number of benefits/services that are unique to the K&R insurance market:
- Express Kidnap (covers kidnaps involving victims and their ATM withdrawals as ransom)
- Disappearance Investigation (covers investigation when someone goes missing)
- Travel Evacuation (covers evacuation for political or security reasons)
- Threat Response (covers expense responding to a threat of any kind)
- Business Interruption Expenses
Global Benefits LLC offers customized Kidnap & Ransom plans (group and individual) for businesses, corporations, missionary and faith based organizations, university and colleges, government contractors, entertainment industry, international organizations, and non-government groups (NGO’s).